MAXYZ, a group of former Balancer contributors, has proposed taking up to 6 million currently non-circulating BAL tokens to seed a successor protocol. If these granted tokens become eligible for redemption before Balancer's proposed wind-down redemption snapshot (expected by end of May 2027), the existing treasury would be divided among more BAL, potentially reducing the per-token redemption value for current holders by approximately 8.7% if all 6 million tokens become eligible. In return, MAXYZ offers a contingent allocation from a future fork to the Balancer treasury, which currently has no realized value.